Focus Financial filed a shelf registration as debt swells above critical ‘4X’ level then its shares dropped to low in after-hours – RIABiz

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Focus Financial filed a shelf registration as debt swells above critical ‘4X’ level then its shares dropped to low in after-hours RIABiz

CEO Rudy Adolf all but ruled out a secondary offering on Aug. 8 in response to a Goldman Sachs analyst who asked about it, then asked, again.